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<br />85 <br /> <br />ORDINANCE 1981-8 <br /> <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY <br />OF SAN MARCOS, TEXAS, APPROVING THE PRICE AND <br />CONDITIONS OF THE SALE BY THE CITY OF SAN MAR- <br />COS, TEXAS, OF PART OF THE J.M. VERAMENDI <br />LEAGUE ADDITION TO THE CITY OF SAN MARCOS, HAYS <br />COUNTY, TEXAS, TO MARTIN ARROYO; AUTHORIZING <br />THE ~~YOR TO EXECUTE A WARRANTY DEED TO ~~RTIN <br />ARROYO AND DECLARING AN EMERGENCY. <br /> <br />WHEREAS, the City of San Marcos, Texas, advertised for bids <br />for the sale of that certain real property known as a part of the <br />J.M. Veramendi League Addition to the City of San Marcos, in Hays <br />County, Texas, also known as Urban Renewal Parcel No. 62A-3, in <br />the San Marcos Record, a local newspaper with a general circulation <br />in the County of Hays, State of Texas, on December 14, 1980 and <br />December 21, 1980; and <br /> <br />WHEREAS, pursuant to said advertisement a bid was submitted <br />by Martin Arroyo for said described property in the amount of one <br />thousand, six hundred dollars ($1,600.00); <br /> <br />WHEREAS, said bid met the minimum disposition price set for <br />said property by the Urban Renewal Board of Commissioners of the <br />City of San Marcos, Texas on December 9, 1980; and <br /> <br />WHEREAS, said board accepted the bid as the highest and best <br />responsible bid for said property on January 13, 1981; and <br /> <br />WHEREAS, said Bo~rd recommends the approval of said purchase <br />price and the approval of the terms and conditions for said sale, <br />as contained in the bid document; now, therefore, <br /> <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />SECTION 1. That the terms and conditions of the sale by the <br />City of San Marcos, Texas, of a part of the J.M. Veramendi League <br />Addition to the City of San Maros, in Hays County, Texas, also <br />known as Urban Renewal Parcel No. 62A-3, said tract being further <br />described by metes and bounds as follows: <br /> <br />BEGINNING at the S.W corner of the Compress prop- <br />erty in San Marcos, Hays County, Texas, as said <br />corner is located and described in a deed, dated <br />July 1, 1943, from E.M. Cape and Clara Louise Cape, <br />to J.R. Wallace, of record in Volume 127, pages <br />399-400, Deed Records of Hays County, Texas; <br /> <br />THENCE N. 46° 4' W. along the S.W. line of said <br />Compress property, 298 feet to a point for the <br />N.E. Corner of the tract hereby conveyed, said N.E. <br />corner of this tract being also the S.E. Corner of <br />a tract of land owned by Jesus Rodrigues as per his <br />deed recorded in Hays County Deed Records in Volume <br />129, at page 397; <br /> <br />THENCE S. 43° 56' W. 106 feet forthe N.W. corner of <br />the tract hereby conveyed, said N.W. corner being the <br />S.W. corner of said Jesus Rodrigues tract of land; <br /> <br />THENCE S. 46° 4' E. 25 feet to a point for the S.W. <br />corner of the tract of land hereby conveyed; <br /> <br />THENCE N. 43° 56' E. 106 feet to a point in said Com- <br />press property; <br /> <br />THENCE N. 46° 4' W. along said Compress line to the <br />beginning corner. <br /> <br />The real property conveyed hereby is the same real prop- <br />erty conveyd by and described in a deed, dated September <br />26, 1945, from J.R. Wallace, et ux, to Herman Lamonis <br />